VAULTTERMS & LIABILITY
Beta draft — have a licensed attorney review before App Store submission.
Platform role
VAULT is a challenge and prize platform that connects sponsors who fund contests with creators who enter them. VAULT does not create, commission, direct, supervise, endorse or verify any challenge, submission or off-platform activity. Every challenge is an agreement between the sponsor and the participating creators.
Sponsor responsibility
Sponsors are solely and fully responsible for the tasks they set, including legality in every jurisdiction where participants may act, safety, licensing, advertising disclosures, prize terms, and any tax obligations arising from the prize they fund.
Creator responsibility
Creators are solely and fully responsible for how they produce their submissions, including their own safety, third-party property and privacy, consent of anyone appearing in the media, compliance with all laws, and taxes on any winnings received.
Assumption of risk & release
By using VAULT you accept all risk of participating in or acting on any challenge, and you release VAULT, its owners, officers and staff from any claim for injury, loss, damage, penalty or dispute arising from a challenge, a submission, a payout, or conduct that takes place off the platform.
Prohibited challenges
No challenge may involve illegal acts, trespass, harassment, weapons, drugs, dangerous stunts, hate content, sexual content, exploitation of minors, animal harm, or anything that endangers a person or property. Violating challenges are removed.
Entry limits
A creator may enter the same active challenge up to three (3) times before it expires. A fourth attempt is blocked, and the creator is notified that they have already submitted 3 entries for that challenge and should participate in a different challenge.
Prize funds, commission & payouts
Sponsors add a payment card when creating a challenge, but are charged — the prize amount plus a 13% service fee — only at the moment a winner is decided. Challenges run for a maximum of 30 days, and if a challenge is cancelled, ends with no entries, or no winner is decided, the card is never charged. If the sponsor's card is declined when a winner is decided, the sponsor has 48 hours to update it; the challenge is paused and all participants are notified. If the card is not updated within 48 hours, the challenge is voided. VAULT never covers or fronts a failed payment. On sponsor-pick challenges the sponsor has 48 hours after expiry to select a winner; otherwise VAULT awards the prize to the entry with the most upvotes. Winners cash out to their own bank or debit card after identity verification, and payouts are final. VAULT is not a bank, escrow service, money transmitter or payment processor — all payments are handled by Stripe. VAULT does not calculate, withhold, report or remit taxes for anyone.
Content, moderation & reporting
Users may hide their earnings and posts, block other users, and report content. VAULT may remove content, cancel challenges, withhold payouts or suspend accounts where fraud, vote manipulation, policy violations or legal risk are suspected.
Disputes
Disputes about a challenge outcome are resolved between sponsor and creator. Where a payout is contested, VAULT may pause it until the parties resolve the matter or a lawful order directs payment.
Acceptance of these terms is required at signup and each time a challenge is funded or entered.